EU industrial heavyweights outline green priorities for next European Commission

Published 10:53 on April 9, 2024  /  Last updated at 14:01 on April 9, 2024  / /  Asia Pacific, Carbon Taxes, EMEA, EU ETS, International

Germany, France and Italy spelt out their industrial policy priorities for the next European Commission on Monday, with a heavy emphasis on measures to defend the EU’s clean tech sector against US protectionism and Chinese dumping.

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‘Demand destruction’ fuelled record drop in EU industrial emissions last year, analysts say

Published 12:18 on April 8, 2024  /  Last updated at 12:18 on April 8, 2024  / /  EMEA, EU ETS, International

The record decline in CO2 emissions registered in Europe in 2023 was caused in part by “demand destruction” across a range of energy-intensive industries, which could prove “permanent” due to high gas prices and carbon pricing policies, analysts say.

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EU “trailing behind” UK on CCS policy, industry group says

Published 12:03 on April 5, 2024  /  Last updated at 12:03 on April 5, 2024  / /  EMEA, EU ETS, International, UK ETS

The European Commission “really needs to step up its game” when it comes to putting together a supportive policy framework for carbon capture and storage (CCS) technology, according to an industry association.

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EU, US to move forward on creating “transatlantic green marketplace”, raw materials club

Published 13:44 on April 4, 2024  /  Last updated at 13:44 on April 4, 2024  / /  Americas, Asia Pacific, EMEA, International

The sixth ministerial meeting of the EU-US Trade and Technology Council (TTC) takes place on Thursday and Friday in the university town of Leuven in Belgium, with cooperation on green technologies and raw materials high on the agenda.

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EU ETS free allocation rules adopted, hailed as “win-win for climate and business”

Published 11:44 on April 4, 2024  /  Last updated at 12:55 on April 4, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

New rules on the free allocation of carbon pollution permits under the EU ETS became law on Thursday with their publication in the Official Journal of the European Union.

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FEATURE: Low-carbon cement makers fatalistic over free EU ETS allocation rules

Published 13:16 on April 3, 2024  /  Last updated at 13:16 on April 3, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

While industry frontrunners are developing ways of reducing the emissions-heavy clinker content of cement, critics say the EU’s free ETS allocation rules were designed for established production methods that effectively delay climate action.

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FEATURE: “We need to plan a revolution” — CCS industry sets out EU election plea

Published 14:54 on April 2, 2024  /  Last updated at 14:54 on April 2, 2024  / /  EMEA, EU ETS, International, Voluntary

The carbon capture and storage (CCS) industry is urging policymakers to put the emphasis on CO2 transport infrastructure and target-setting to make Europe a world leader in industrial decarbonisation.

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Early auctions for ETS2 would help hedging, price discovery -analyst

Published 13:30 on March 28, 2024  /  Last updated at 13:30 on March 28, 2024  / /  EMEA, EU ETS

As companies prepare for the start of the ETS2 in 2027, there are currently no possibilities for them to hedge against rising CO2 prices on the EU’s newly-created carbon market for transport and heating fuels, writes a prominent carbon market analyst.

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Nordics take lead on CCS, negative emissions as EU debates 2040 climate goal

Published 14:33 on March 27, 2024  /  Last updated at 14:33 on March 27, 2024  / /  EMEA, EU ETS, International, Nature-based, Voluntary

Finland and Sweden – the two EU countries with the biggest forest carbon sinks – came up with the most elaborate positions on carbon capture and storage (CCS) as well as negative emission technologies during a ministerial debate on Monday about the EU’s future 2040 climate policy.

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Compliance with UN climate goal is “essential feature” of EU carbon removals law, experts say

Published 15:34 on March 26, 2024  /  Last updated at 16:13 on March 26, 2024  / /  EMEA, EU ETS

Two prominent climate policy experts have taken issue with criticisms that the EU’s Carbon Removal Certification Framework risks leading to double counting towards UN climate targets, saying this is “an essential feature rather than a bug”.

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